IBM Acquires Data Management Software Company Initiate Systems

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IBM has acquired Chicago-based software firm Initiate Systems. Initiate helps healthcare providers and other government organizations manage and organize data across various sources. Terms of the deal were not disclosed.

It appears that the acquisition is aimed at boosting IBM’s healthcare offerings. According to IBM, Initiate’s software us currently in use at more than 2,400 healthcare sites, over 40 health information exchanges and multiple government health systems around the world including CVS/Caremark, Blue Cross Blue Shield, United Healthcare Services and the Department of Veterans Affairs.

Initiate speeds the adoption and exchange of electronic medical records by allowing medical professionals to access to complete medical histories of patients quickly and easily. The software also caters to government organizations to help share data across multiple agencies.

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OverviewIBM is a global technology and innovation company headquartered in Armonk, NY. It is the largest technology and consulting employer in the world, with more than 400,000 employees serving clients in 170 countries.
IBM offers a wide range of technology and consulting services; a broad portfolio of middleware for collaboration, predictive analytics, software development and systems management; and …